About

Jim Stefansic is a senior-level executive with an extensive background in business, technical expertise, and academic experience. He currently serves as the Director of Corporate Development at Cumberland Emerging Technologies. Jim has a proven track record of helping organizations navigate demanding startup, fundraising, product development, regulatory, and commercialization stages, creating maximum value for shareholders. He possesses the ability to fluently discuss complex medical devices with technical and non-technical audiences. Jim's broad skill set spans FDA/CE Mark, financial management, pricing strategy, US/international product introduction, business case development, investor road shows, technology transfer, and acquisition of federal funding. He is a skilled strategist, respected researcher and teacher, and decisive leader with a high level of emotional intelligence. Jim communicates effectively and comfortably across all organizational levels and functional areas, as well as with university students and faculty, external partners, and investors. Throughout his career, Jim has achieved several milestones, thrived on challenges, and delivered exceptional results. He has raised $17+ million over seven years through venture capital Series A/B funding and served as the principal investigator on SBIR grants to complete R&D, regulatory acceptance, initial product development, and US/international launch. Jim secured FDA 510(k) clearance for the company's first image-guided liver surgery medical device, providing Pathfinder a salable product. He also testified before the US Congress at a hearing of the Committee on Small Business, Subcommittee on Investigations and Oversight. Jim's past companies include Raiven Healthcare, where he served as the President and CEO and obtained an exclusive license for advanced machine learning algorithm and software from Indiana University & Centerstone Research Institute. He also acquired seed funding & secured first customers with a cloud-based platform. Jim's relevant experience spans over 31.88 years, and his tech stack includes Research Scientist and ML.